Shiprocket & Behari Lal Engineering IPOs: Key Details, Financials and Timeline

Shiprocket and Behari Lal Engineering Limited have opened their initial public offerings (IPOs) for subscription from August 12, 2026 to August 14, 2026. Both issues are proposed to list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), with a tentative listing date of August 19, 2026.

The details below cover each issue, including timeline, price band, financials and stated use of proceeds. 

Shiprocket IPO

Shiprocket, formally Bigfoot Retail Solutions Limited, is an e-commerce enablement and logistics aggregator platform. The company provides technology-led logistics, warehousing, fulfilment, cross-border shipping, and marketing automation solutions for Direct-to-Consumer (D2C) brands, Micro, Small and Medium Enterprises (MSMEs), and e-commerce sellers in India.

Financial Snapshot

Shiprocket has reported revenue growth over the last three financial years, while remaining loss-making at the Profit After Tax (PAT) level. Its reported loss reduced from FY24 to FY26.

All financial figures are in ₹ crore.

Objects of the issue

The company has stated that proceeds from the fresh issue will be used across platform growth, technology infrastructure, marketing, debt repayment, and general corporate purposes.

• Platform growth: ₹365.60 crore for investment in core and emerging business platforms.
• Marketing initiatives: ₹205.80 crore for brand awareness and marketing campaigns.
• Technology infrastructure: ₹159.80 crore toward technology stack expansion and information technology infrastructure.
• Debt repayment: ₹210.00 crore for repayment or prepayment of outstanding borrowings.
• General corporate purposes: Balance funds for regular operational requirements.

Behari Lal Engineering IPO

Behari Lal Engineering Limited, incorporated in 1995, is an integrated iron and steel component manufacturer. Its product portfolio includes metal rolls, alloy steel products, engineering castings, forging ingots, and forged shafts and blocks. The company serves industries such as steel, mining, power, automotive, aerospace, defence, oil and gas, and heavy engineering.

Financial Snapshot

Behari Lal Engineering has reported growth in revenue from operations, Profit After Tax, and total assets across FY24 to FY26 based on the figures provided.

All financial figures are in ₹ crore.

Objects of the issue

The fresh issue proceeds are intended primarily for capital expenditure at the company’s manufacturing facilities in Mandi Gobindgarh, Punjab, along with debt repayment and general corporate purposes.

• Facility 1 capital expenditure: Purchase and installation of machinery, information technology hardware, civil work, and rooftop solar panels.
• Facility 2 capital expenditure: Purchase and installation of equipment, civil work, and rooftop solar panels.
• Debt repayment: Partial or full repayment or prepayment of existing bank borrowings.
• General corporate purposes: Funding corporate, administrative, and operational requirements.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.